Question :
Which of the following Statements about the PIDF Scheme is / are True?
I - The objective of the fund is to develop payment acceptance infrastructure in tier - 3 to tier - 6 cities (centres), with a special focus on the north - eastern states of the country.
II - The fund was operational for three years effective from 1st January, 2021.
III - The fund will be used to subsidize banks and non - banks for deploying payment infrastructure, which will be contingent upon specific targets being achieved.
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